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by: xpoolPosted on: May 18, 2025

Hong Kong Police Arrest 12 in $15M Crypto Laundering Case

A significant crackdown by Hong Kong police has resulted in the arrest of 12 individuals accused of a $15 million cryptocurrency money laundering operation. The suspects, part of a cross-border syndicate, utilized over 500 bank accounts to facilitate fraudulent activities. This case highlights the ongoing challenges surrounding crypto regulation and compliance.

Related posts:

  1. Hong Kong Police Arrest 12 in Crypto Laundering Ring
  2. Hong Kong Police Crackdown: $15 Million Crypto Laundering Ring Busted
  3. Hong Kong Police Crackdown on Cryptocurrency Laundering Operation
  4. Telegram Takes Action Against Illicit Markets Linked to Xinbi Guarantee, Disrupting $35B in Transactions
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